Article 10. Termination of the contract of compulsory liability insurance for owners of facilities of the Law on Compulsory Insurance of Civil Liability of Owners of Facilities whose Activities are Associated with the risk of Harm to Third Parties

Home / RLA / Article 10. Termination of the contract of compulsory liability insurance for owners of facilities of the Law on Compulsory Insurance of Civil Liability of Owners of Facilities whose Activities are Associated with the risk of Harm to Third Parties

Article 10. Termination of the contract of compulsory liability insurance for owners of facilities of the Law on Compulsory Insurance of Civil Liability of Owners of Facilities whose Activities are Associated with the risk of Harm to Third Parties

The contract of compulsory liability insurance of the owners of the facilities is considered terminated in the following cases::

1) expiration of the contract;

2) early termination of the contract;

3) the insurer makes an insurance payment (insurance payments) in the amount of the insured amount under the contract of compulsory liability insurance of the owners of the facilities.

The Law of the Republic of Kazakhstan dated July 7, 2004 No. 580.

This Law regulates public relations arising in the field of compulsory insurance of civil liability of owners of facilities whose activities are associated with the risk of harm to third parties, and establishes the legal, economic and organizational basis for its implementation.

President

Republic of Kazakhstan

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